- Quantitative Methods for Global Commerce

Catalog description

The modern business environment requires the ability to analyze and summarize data, and to use statistical analysis for decision-making and problem solving. This course introduces Global Commerce majors to the fundamentals of statistics, and to the methods of collecting and analyzing data to solve practical problems in global commerce and social contexts. The primary objective of this course is to enable students to perform and understand statistical analysis of data, with the view of being able to interpret the limitations of statistical findings and to think critically about how statistics is used by others. Topics such as descriptive statistics, basic probability, data visualization, sampling methods, distributions of sample statistics, hypothesis testing, confidence intervals, and statistical inference will be discussed in the commercial, business and social contexts. Throughout the course, students will gain significant facility in spreadsheet manipulation to learn how to present and analyze data effectively. Coursework may require attending co-curricular events.